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PB Ratio of Covance Softsol Ltd

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Covance Softsol Ltd

NSE: COVANCE

PB Ratio

0.9

Last updated on: May 08, 2025

Key Highlights

  • The latest PB Ratio of Covance Softsol Ltd is 0.9.
  • The PB ratio of the Covance Softsol Ltd is below 1 which indicates that the stock is undervalued.
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Covance Softsol Ltd

NSE: COVANCE

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stock direction

Last updated on:

Company Fundamentals for Covance Softsol Ltd

Market Cap

13 Cr

EPS

9.1

P/E Ratio (TTM)

1.0

P/B Ratio (TTM)

0.9

Day’s High

9.24

Day’s Low

9.24

DTE

NaN

ROE

NaN

52 Week High

9.24

52 Week Low

2.06

ROCE

NaN

Market Price of Covance Softsol Ltd

1M

1Y

3Y

5Y

Monitoring Covance Softsol Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
08 May 20259.24
07 May 20259.06
06 May 20258.89
05 May 20258.72
02 May 20258.55
30 Apr 20258.39
25 Apr 20258.23
24 Apr 20258.07
23 Apr 20257.92
17 Apr 20257.77

SWOT Analysis

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Covance Softsol Ltd

Asset Value vs Market Value of Covance Softsol Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

PB Ratio of Covance Softsol Ltd Explained

13.64

Market cap

10

Book Value per Share

0.9X

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Covance Softsol Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Covance Softsol Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Document

Annual Reports

N/A

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of Covance Softsol Ltd

What is the PB ratio of Covance Softsol Ltd?

The current PB ratio of Covance Softsol Ltd is 0.92. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Covance Softsol Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Covance Softsol Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Covance Softsol Ltd calculated?

The PB ratio of Covance Softsol Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Covance Softsol Ltd?

A high PB ratio suggests that Covance Softsol Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Covance Softsol Ltd?

A low PB ratio of Covance Softsol Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Covance Softsol Ltd PB Ratio change over time?

Yes, the PB ratio of Covance Softsol Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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